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Sam Bankman-Fried's Legal Developments; Bitgo Releases Security Features Aimed at Bitcoin Ordinals

FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations during a court appearance. Plus, custody provider BitGo releases security features designed to protect owners of Bitcoin Ordinals Inscriptions, which allow people to inscribe text, images and even videos directly on the Bitcoin blockchain.

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Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding Round: Report

Ledger has raised most of a 100 million euros ($109 million) funding round at a valuation of 1.3 billion euros ($1.4 billion), the company told Bloomberg. Media outlets first reported on a potential new round last August. “The Hash” team discusses the importance of Ledger and the timing of this raise post-FTX collapse and the CFTC's recent lawsuit against Binance.

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Politiche

Засновник FTX Сем Бенкман-Фрід не визнає себе винним за останнім звинуваченням у хабарництві

Раніше цього тижня прокуратура висунула звинувачення у спробі отримання хабара.

Sam Bankman-Fried outside U.S. District Court on Feb. 9, 2023 (Liz Napolitano/CoinDesk)

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Crypto Derivatives Exchange Bitget Sees 'All-Time High' Trading Volumes After FTX's Collapse

After FTX, we saw "an all-time high in our trade volumes, as well as new registered users," said Gracy Chen, Managing Director for Seychelles-based crypto derivatives exchange Bitget. Plus, Chen discusses the exchange's license application in Hong Kong.

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Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters

FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, according to a Reuters report. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in. Separately, OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies.

The SBF Trial and How We Got Here

Politiche

Сем Бенкмен-Фрід не визнає себе винним у хабарництві та звинуваченнях у фінансуванні кампанії: Reuters

Засновник FTX раніше не визнав себе винним за вісьмома пунктами звинувачення в шахрайстві та змові та очікує суду в жовтні.

Sam Bankman-Fried (Liz Napolitano/CoinDesk)

Finanza

Крипто OKX каже, що оборотить 157 мільйонів доларів із заморожених активів FTX та Alameda

Юристи FTX у справах про банкрутство кажуть, що до оголошення OKX було виявлено ліквідні активи на суму 694 мільйони доларів.

FTX CEO John J. Ray III (C-Span)

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Bitcoin Spikes Above $28K; SBF’s Attorney Fees Paid by His Father With Gifted Alameda Funds: Forbes

Bitcoin (BTC) is jumping above the $28,000 level and is on track for its best quarter in two years. Separately, a new report from Forbes states that FTX founder Sam Bankman-Fried's father, Joseph Bankman, has been paying his son's legal fees with money borrowed from FTX’s sister company.

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Brian Laverdure: Time For Regulations

Crypto and blockchain have seen everything this year. From the start with its all-time highs and its role in the Ukraine War to the year ending with the debacles of Terra Luna and the mess left by FTX and much more. These instances have left the industry edging more towards the importance of security and regulations in the space. We spoke with the Independent Community Bankers of America's Brian Laverdure to learn more about developments in crypto asset regulation and how they might help the industry rebound.

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Sam Bankman-Fried Facing Charge of Allegedly Bribing Chinese Officials

U.S. prosecutors unveiled a new indictment against FTX crypto exchange founder Sam Bankman-Fried Tuesday, adding a bribery charge to the 12 other charges he already faces. Braden Perry, Kennyhertz Perry Partner and former CFTC senior trial lawyer, discusses his reaction and the wider implications for the crypto industry.

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